SBA lender profile
Southern Michigan Bank & Trust
Southern Michigan Bank & Trust appears in the public SBA loan data with 30 funded 7(a) loans totaling $21.9M, an average of $730K per loan, and an estimated 333 jobs supported. Its SBA lending concentrates in Michigan and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
30
Total volume
$21.9M
Average loan size
$730K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
333
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.7B
- Headquarters
- Coldwater, MI
- FDIC cert
- #5019
- Status
- Active
Where Southern Michigan Bank & Trust lends
Top states by funded SBA volume.
What Southern Michigan Bank & Trust funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 8 | $10.7M |
| Accommodation and Food Services | 4 | $3.3M |
| Construction | 2 | $2.1M |
| Other Services | 8 | $2.0M |
| Transportation and Warehousing | 1 | $1.7M |
| Professional and Technical Services | 2 | $1.1M |
Southern Michigan Bank & Trust SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 7 | $2.8M |
| 2021 | 7 | $2.0M |
| 2022 | 8 | $7.5M |
| 2023 | 2 | $534K |
| 2025 | 5 | $7.1M |
| 2026 | 1 | $2.0M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Southern Michigan Bank & Trust's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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